I presume you found out about the project on the Blender forums?
Let me begin by saying Hello and Welcome!
With regards to current modelling projects (I will be coming up with a fancy code-name at some point - ideas?), I am in the process of setting up a Project page using Google Docs and Sosius (collaboration tool), where you will be able to find task lists, concepts, and other documentation regarding the actual modelling requirements (e.g. poly count, texturing rules and so on)
I'm currently working on our new website at the moment, o am a little sidetracked/
So as of yet, there are no projects per se, but feel free to work on anything that takes your fancy, either for your own game, or for sale on the Marketplace.